Industry
April 6, 2026
Rio Las Vegas Undergoes Ownership Shift and Leadership Reset
A major transition is taking place at the Rio Hotel & Casino, as investment firm Kennedy Lewis Investment Management has taken a controlling interest in the off-Strip property. The move changes the ownership structure in a considerable way, reducing Dreamscape Companies, which acquired the resort in 2019 from Caesars Entertainment, to a secondary stakeholder. Kennedy […]
Casino
November 22, 2024
A Transformed Rio Hotel & Casino Joins Forces with Hyatt
The iconic Rio Hotel & Casino in Las Vegas has officially joined Hyatt’s portfolio. This development marks a significant milestone for the property and the brand. Following its successful $340 million phase one renovation, Rio is now part of the Destination by Hyatt brand- the first in Nevada and the world’s biggest Hyatt by room […]
Casino
August 9, 2024
Dreamscape’s Rio Hotel & Casino Confirms Staff Downsizing
In February 2023, Dreamscape Companies announced the completion of a capital raise of $850 million that would be used to finance the renovation of its Rio Hotel & Casino property as well as to launch a new gaming and entertainment platform. On Thursday, a statement from the off-Strip property conveyed the layoff of a number […]
Casino
November 13, 2020
Caesars Reopens Rio Resort in Las Vegas, Last of 54 Properties
Caesars Entertainment said on Thursday it will reopen the Rio Resort in Las Vegas on December 22, albeit the hotel will only operate on weekends. Last Casino To Reopen Casino operator Caesars Entertainment announced on Thursday the reopening of its off-Strip Rio All-Suite Hotel-Casino in Las Vegas on December 22. The 2,522-room hotel-casino closed on […]
